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American Living Standards, 1888-1994: Evidence From Consumer Expenditures

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NBER2000-04-01 更新2025-01-04 收录
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I use micro data on food and recreation expenditures from 1888 to 1994 to provide the first estimates of overall CPI bias prior to the 1970s and new estimates of bias since the 1970s and to reassess long-run growth rates. I find that CPI bias was -0.1 percentage points per year between 1888 and 1919

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2000-04-01
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